Yuan an: it has worked closely with SEC before and should not be the target of law enforcement.

FIFA, June 6 / PRNewswire-FirstCall-Asianet /-- Yuan an said that before the US Securities and Exchange Commission (SEC) filed a lawsuit, Yuan an had "extensive cooperation and sincere discussions" with regulators. In a statement, Qian an said that SEC's allegations are unreasonable and that "Qian an should not be the target of SEC law enforcement action, let alone urgent action." "from the very beginning, we have actively cooperated with SEC's investigation and had sincere discussions with each other in order to reach a solution," Yuan an said. SEC's lawsuit today shows that they are unwilling to work with us to seriously address such concerns. "